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home / news releases / PLTK - Playtika drops after new short report from Grizzly Research

PLTK - Playtika drops after new short report from Grizzly Research

Playtika Holding Corp.
Mobile gaming company Playtika Holdings (NASDAQ:PLTK) fell 5.7 after a new short report from Grizzly Research. Grizzly Research alleges that the company has a huge debt load with "huge" regulator risk that the short seller believes will materialize soon. Grizzly highlights that the the state of Washington already charged PLTK with a $38M fine. Playtika (PLTK) short interest is 13.7%. Playtika didn't immediately respond to Seeking Alpha email request for comment. Last week, Playtika's largest stockholder explores potential share sale.

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Playtika drops after new short report from Grizzly Research
Stock Information
Company Name: Playtika Holding Corp.
Stock Symbol: PLTK
Market: NASDAQ
Website: playtika.com
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